Justin Sun has officially announced he’s stepping down from his company, Tron, where he served as CEO. The company, which Sun founded in 2017, was behind the blockchain network of the same name.
In a press release shared with Decrypt, Sun mentioned that he will now be flying to Geneva, Switzerland, where he plans to join the government of Grenada. There he will serve as the World Trade Organization full-time Ambassador.
In his statement to Decrypt, Sun mentioned “It is a true honor to serve as the WTO ambassador for Grenada,” and that “I look forward to the opportunity to represent Grenada and work with WTO leadership to reinvigorate global trade in various ways, particularly the development of a robust digital economy internationally.”
The press release went on to state “Sun’s expertise in the blockchain industry will likely breeze some much-needed fresh air into the regional economy, as Grenada and CARICOM [the Caribbean Community] are among the hardest hit by a Covid-led tourism industry shutdown.”
Just exactly how Sun landed a job in government located on a small Caribbean island is anyone’s guess at the moment. There’s been no word from Grenada’s Permanent Mission at the moment, either.
However, a spokesperson from Tron did confirm it’s not a “paid role” and that “one of [Sun’s] goals is to represent and make blockchain mainstream by bringing it to the global political arena via [the] WTO.”
Sun has also never hidden his joy for promoting crypto to influential names and has even gone so far as to pay generously if it comes down to it.
Last year in Feb, he had the honor of sitting down with billionaire investor Warren Buffet, a feat he had to pay $4.5 million to accomplish. At said lunch, he gifted Warren Bitcoin, who had previously critiqued cryptocurrency, calling it “rat poison squared.” Later, Sun apologized to Buffet for being a “big-mouthed over-marketer.“
The diplomats of Geneva should expect a ton of passionate lectures on crypto.